Thread: Selling handbags online?
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April 24th, 2012, 03:05 PM #1
Selling handbags online?
I am thinking about selling real authentic designer handbags and clothing and I wanted to know what you all think. Would you be willing to purchase these handbags knowing that they aren't counterfeits (illegal) and replicas? I know where to get the handbags but I want to know who'd be will to buy them if they want to pay $600-$1000 for a handbag that retails for $1500-$2000+ depending on what brand and bag it may be. Thank you in advance!!
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April 24th, 2012, 04:41 PM #2
Re: Selling handbags online?
I'm suspicious when you say you know where to buy authentic handbags and you could get them cheap enough to resell them for less than half their retail value and still make a profit.
** WISHLIST **
A list of things both realistic and not...
-- RM Mini Matinee -- 3.1 Phillip Lim Edie Bow Bag -- LV Speedy 25 -- Balenciaga First -- RM Benjamins Pouch -- YSL Y-Mail Zip Wallet --
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April 24th, 2012, 05:08 PM #3
Re: Selling handbags online?
Yes I understand and I felt the same way. I just know that you can buy authentic bags at wholesale prices except for Louis Vuitton unless it's a real vintage bag. Some bags that retail between $600 and $800 can be purchased for between $249 and $400. It depends on whether this is excess stock or bags that may be out of season. I've have been looking through a lot of unreliable sources and have found a few that seem to be truthful. There is one that I know of that's actually located in Italy that sells bags in bulk at wholesale prices. Although this doesn't imply that they are cheap by any means. I just wanted to get feedback to see if I could sell these handbags and actually have people to buy them. But I'd like to be able to show that the bags I sell aren't counterfeit or replicas but the real thing. Trust me I don't want to mislead anyone.
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April 25th, 2012, 02:05 PM #4Bag Fan Newbie
Re: Selling handbags online?
If you are talking about Italian Moda, you have got to be careful. That is a hit or miss wholesale purchase, and considering how expensive a Pallet is, $$$$!! I mean one High End Premium pallet alone can pay for a Brand New Lexus CT Hybrid! Premium Designer handbag business can make super big money, but it is a pure example of you need big money to make big money. In this business (according to Forbes) there are 4 things that can make or break you. Budget (And if you don't have at least $150K to start well then keep moving along), Advertisement (They don't always sell themselves), Inventory Flow (They have got to keep coming so that means more $$$), Customer Flow (Can't count on a dozen loyal customers alone to keep you afloat, it's all sell, sell, sell).
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April 25th, 2012, 02:54 PM #5
Re: Selling handbags online?
Oh, do you mean it's a warehouse that sells pallets of last season merchandise that was purchased from department stores? I've heard of a place in the US that has old stock sent to them from department stores and then they sell it in huge pallets. I've heard of people reselling designer items this way, but you're right. You have to have a ton of money laying around to invest in one of these pallets and you don't know what you're going to get.
** WISHLIST **
A list of things both realistic and not...
-- RM Mini Matinee -- 3.1 Phillip Lim Edie Bow Bag -- LV Speedy 25 -- Balenciaga First -- RM Benjamins Pouch -- YSL Y-Mail Zip Wallet --
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April 25th, 2012, 05:10 PM #6*The TBF Elite*
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Re: Selling handbags online?
I had no idea there was some such outlet. Good summary DhandbagsP....you have to be prepared to make a big capital investment and also be able to take a hit if it does not click.
Always be kind to people on your way up, because you are sure to meet them on your way down
My collection:
http://www.thebagforum.com/show-off-...ollection.html
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April 26th, 2012, 10:16 AM #7fashion is my life
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Re: Selling handbags online?
Designer handbag pallets
I've never heard of this. I'm guessing that's where alot of stores like Ross and TJMAXX get their inventory. It sounds like an investment for sure.
Are you planning to sell on eBay or starting your own boutique? Good luck!
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April 26th, 2012, 12:50 PM #8Bag Fan Newbie
Re: Selling handbags online?
HauteCouture,
It's not a sure investment, all investments have risks to them. Like everything you need a large amount of money and the know how to get it right. I have an old college friend who decided to give this a go in Charlotte NC, and it did not turn out as great as he thought. He bought a total of 2 large pallets of Inspirational Designer Handbags ( These are considered Mid-Grade brands such as Michael Kors, Juicy Couture, Ed Hardy, and a few low cost Coach's, etc.) for a grand total of $27K, and this is considered moderate! Well buying the is one thing but the entire process of running a business, way different. I helped out in the end so I got the 411 of what he went through on the latter side. Basically it took him 4 months to sell everything and he was lucky since he really was not prepared for all the complexities that come with the Designer Handbag Business. He was able to turn his $27K investment into just over $31K. Now if you do the math he made a profit of only $4K in 4 months time. That was considered lucky he did not lose money. I later tried it myself with far fewer handbags and I found this to be a killer business with no mercy. Trust me ladies, once you have gone through all the pain that this business brings you understand first hand why Designer Handbags are so expensive.
Just a little advice not discourage anyone but take it from me, it is sooo much harder than you think it is going to be. I had a mini-store once with 62 Inspirational Designer handbags a friend of mine from California allowed me to par-take in. Basically he bought 2 Pallets for his store and let me pinch in (a $5,000 pinch by the way) to keep my 62 handbags. Long story short, 62 handbags does not a store make! And my 'lack' of variety was a turn away for many customers. I eventually was able to sell everything and settled for getting back $4,100 dollars of my original $5,000 back after 3 months. So if you do decide to go this route my best advice is have loads of cash starting off since the formula usually is the more you have starting off the more you will make (or at least you will not go into the negatives).
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October 4th, 2012, 03:28 AM #9Bag Fan Newbie
Re: Selling handbags online?
You may consider Ebay or Bonanza
I also sell my bags at bagnatic.com
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October 6th, 2012, 03:30 AM #10
Re: Selling handbags online?
In the UK we have limited consignment stores - if i were to acquire a Pallet woudl anyone be willing to tell me how (either on this forum or through a private message / email). i would be interested to learn more! Thank you v much!
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